Latest in Discovery Communications

Discovery Communications’ 12 channels will continue to air on UK-based Sky pay TV service after the companies agreed on a new carriage deal.
Discovery warned last week that it might go dark on Sky, charging that the service "refuses to pay a fair price" for channels including Discovery, Eurosport 1, Eurosport 2, TLC…

Sky has hit back at Discovery Communications after the American channel last week threatened to pull its channels from the European pay-TV giant over a carriage dispute.
Sky says that Discovery was demanding to be paid close to £1B ($1.25B) for their portfolio of channels, including TLC and Eurosport, a price the…

Longtime Gold Rush EP Christo Doyle announced on Twitter that today is his last day with Discovery Communications:
After 15 years, today is my last day @Discovery It's been an honor to help build this brandDiscovery has made me who I amThank you all
— Christo Doyle (@ChristoDoyle) January 26, 2017
Doyle, who is VP…

Telecoms mogul Carlos Slim has announced his plans to launch a U.S. television channel geared towards Mexican audiences. Backed by his company America Movil, Latin America's largest cell-phone network, the new channel will be called Nuestra Visión, which means "Our Vision." "Nuestra Visión is focussed on Mexicans…

Yes, the U.S. pay TV industry has a problem — and it’s the fault of high-priced sports programming — Discovery CEO David Zaslav told analysts today in a call to discuss his company’s Q3 earnings.
“One of the things that has stopped the growth of cable is the price of all that sports,” he said.
A lot of people have…

Discovery Communications’ Q3 earnings, out this morning, fell short of Wall Street expectations which the company said was partly due to the strong dollar and an unspecified $50 million impairment charge “related to [its] Lionsgate investment.”
Shortly after the earnings announcement, Discovery also said that it has…

Discovery Communications just broke the glass ceiling at its board room by tapping C-SPAN co-CEO Susan Swain to join the all-male body beginning December 7.
She’ll fill a new seat created as the company raised the number of directors to 11. Swain will be deemed an independent director — meaning she isn’t a part of the…

Discovery Communications just raised its bet on digital media with an agreement to pay $100 million for a minority stake in a new holding company — Group Nine Media — that it says will be Facebook’s top video news publisher and among the five largest U.S.-based “digital first” media companies.
Its properties include…

After a lengthy search, Discovery Communications has found a new Chief Financial Officer, naming Gunnar Wiedenfels to the position. Wiedenfels, who comes from ProSiebenSat.1 Media SE, where he is currently Chief Financial Officer, is expected to start around April 1, 2017 and will be based in New York. Wiedenfels will…

LMNO Entertainment has gone back on the offensive against Discovery Communications, accusing the giant media company of engaging in an "elaborate shell game" to make it look like LMNO had engaged in deceptive business practices.
Late last night, LMNO asked a federal judge in Los Angeles to dismiss Discovery's countersu…

Discovery Communications signed what it calls a “long-term agreement” with AT&T that, among other things, guarantees that the programmer will have a place in the lineup later this year when the telco introduces its potentially important DirecTV Now national streaming service.
The new terms provide AT&T’s DirecTV and…